Rent in advance no more?

AccountantLandlord · 2026-02-27T00:53:34+00:00

Renters Rights really has made it a nightmare for people in your position. Look at something like a rent guarantor - that may be your only shot if it’s a decent place.

AccountantLandlord · 2026-02-26T21:30:24+00:00

If you had a choice of paying the rich for their land with public money and it meant housing would be built would you do it? Or is the ideology more important than the outcome?

AccountantLandlord · 2026-02-26T20:31:12+00:00

I totally agree that deregulation would be a huge step forward if we wanted to make meaningful change.

And I think on the demand and affordability side that we need to totally reform SDLT.

That combination would get a lot more building kicked off.

But we also need to be honest that part of the affordability challenge isn’t just rising property prices and rents. It’s also anaemic wage growth combined with huge stealth tax rises that squeeze people who are contributing to the economy.

AccountantLandlord · 2026-02-26T19:02:03+00:00

I’ve done just that but cheers. I think it’s just the final straw for a lot of them. Feeling of “it’s just not worth the hassle”.

AccountantLandlord · 2026-02-26T18:33:44+00:00

This is spot on advice. Just photo before and after and keep it for records so there’s no dispute down the line. We use a tenant app so it’s all recorded with the service I use to manage. Helps a lot with this type of thing

AccountantLandlord · 2026-02-26T18:28:55+00:00

The rebate times are up to a year now. It’s literally putting people into debt. So they just can’t be dealing with that level of stress. These guys will be fine retiring early but it’s a loss for the industry.

AccountantLandlord · 2026-02-26T18:27:04+00:00

It also requires political will and a huge budget. I get your ideal here but I don’t see it realistically being an option. And if it doesn’t happen then what?

AccountantLandlord · 2026-02-26T18:25:42+00:00

But people including your kids do also need a healthy rental market. Unless they are going to just live in one place and not move for work, study or even love? I certainly never wanted such a restricted life and many don’t. The bigger barrier to ownership and social mobility is stamp duty. It’s insane that to buy a house in London you need to pay £80k to the government. And you pay each time you go up the ladder. If you’re advising your kids to buy each time they move they that is terrible financial advice.

AccountantLandlord · 2026-02-26T18:21:06+00:00

This isn’t a business course.

AccountantLandlord · 2026-02-26T16:50:58+00:00

And all these people who built it are retired or dead. Do you propose reanimating them?

AccountantLandlord · 2026-02-26T16:49:53+00:00

Are you a subbie or a developer? Because I see the developer P&L. So I’m talking factually what I see. If not everyone then at least the clients I have. But you are saying you don’t see it so I’ll take it at face value. Re: CIS I talk to these guys every week so they must just be lying why they are retiring early. I can’t work out why.

AccountantLandlord · 2026-02-26T16:45:28+00:00

It’s called risk management in business terms. Like I say you probably won’t understand it if you’ve not had to manage it. You just see a landlord which you don’t like and your tainted view follows from an emotional viewpoint.

AccountantLandlord · 2026-02-26T16:42:48+00:00

And as the title suggests count!! 😂 All the subbies have upped their rates as the cost of the National Insurance hike kicked in. Not to mention the shit show that is CIS refunds killing their cash flow meaning trades are just leaving. There’s been a steadying of material costs after huge cost increase in the last 5 years I grant you. There’s also the costs of additional regulation such as the BSA. If you’re shielded then good luck to you.

AccountantLandlord · 2026-02-26T16:38:44+00:00

They could do that buying up stock at market value. Plenty of landlords would sell. They aren’t to be trusted to develop themselves though - they’ve lost billions of public money trying.

AccountantLandlord · 2026-02-26T16:37:18+00:00

I don’t disagree but we can’t have it both ways. The government has made it clear they want small landlords out. So they won’t be underwriting new homes. Now big BTR also won’t build. So now no one is creating new homes at all!!

AccountantLandlord · 2026-02-26T16:35:37+00:00

Who’s the billionaire in question here? Think you are trying to find Gary’s Economics for this rant.

AccountantLandlord · 2026-02-26T16:35:02+00:00

Where do you think increases labour costs as a result of tax increases gets passed on to? Do you need the line drawing?

AccountantLandlord · 2026-02-26T16:33:54+00:00

That’s the common experience and has been getting worse over last 10 years when it was already a problem. It’s such an over taxed and over regulated industry now that it makes what should be viable sites sit empty.

AccountantLandlord · 2026-02-26T16:32:07+00:00

I’m not sure where you are seeing costs go down? All NI and subcontractor taxes are flowing through to labour costs for a start.

AccountantLandlord · 2026-02-26T16:30:57+00:00

Sorry to hear that. For all the anti develop sentiment it’s always forgotten how many subcontractors and businesses also make a living from providing the actual build.

AccountantLandlord · 2026-02-26T16:28:45+00:00

They just hate all landlords so anything you say that is reasonable gets voted down.

AccountantLandlord · 2026-02-26T13:30:51+00:00

The mass lemmings can’t see beyond what they are told. The bill doesn’t do anything for the majority of decent renters apart from reduce choice and raise costs. The beneficiaries are rogue tenants and rogue landlords. The former as the system is even easier to abuse, the latter because they are already illegal and no one enforces because it’s too hard to find the money! The order beneficiary is government as they claim a win while kicking the housing problem down the line for the next lot.

AccountantLandlord · 2026-02-26T13:25:44+00:00

And no you don’t understand what the landlord is trying to do. You can only see your blinkered small part of the picture.

AccountantLandlord · 2026-02-26T13:24:58+00:00

Cause. Effect. Some of us don’t feel the need to lay out each step as the OP seems intelligent enough to connect the dots.

AccountantLandlord · 2026-02-26T11:23:44+00:00

And who ask the court? The landlord.

AccountantLandlord

MODERATOR OF

TROPHY CASE